Hype Long Scenario

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Hype Long Scenario Hyperliquid / TetherKUCOIN:HYPEUSDTMrtezaHA🟢HYPEUSDT With higher lows continuing to form beneath the 84.331 resistance, an Ascending Triangle structure can be observed on the 4H timeframe. A confirmed breakout and hold above 84.331 could validate the pattern as a continuation setup for the bullish trend from the past two weeks, potentially opening the way for a new upward move. 📈 Meanwhile, the Daily RSI has cooled off after exiting overbought territory and is now rebuilding momentum, while the Weekly RSI is approaching the overbought zone. If the Daily RSI re-enters overbought territory while the Weekly RSI also enters overbought territory, it could signal strengthening momentum and the potential beginning of a new bullish wave. For now, 84.331 remains the key level for HYPE. A valid 4H close above this resistance, preferably accompanied by increasing volume, would provide stronger confirmation of the bullish scenario. #HYPEUSDT #4h